Needing a financial advisor isn’t just about retirement annuities and savings policies, the right advisor can help you mould and shape your wealth so that it works for you one day.

Your financial advisor is your planning partner for life, so it’s important to work with someone who understands your specific needs and takes the time to get to know what you want to achieve on this game called life.

Your planning partner’s main goal is to help you accomplish your goals and make your plans a reality.

A financial advisor can assist with helping you decide how much money to save, the best options for investment, as well as what kinds of insurance to have in place. This can include life cover, dread disease cover, disability cover and household and car insurance, to name a few.

While we would love to sell you another policy, we also believe in educating our clients with the knowledge they need to develop and secure wealth as they go.

The first step in growing your wealth is understanding where you stand in terms of your financial health. Your financial health is your current financial state of affairs. It will pay off to make time to learn and understand what this means. We love this post from Invetsopedia on Financial Health.

The second step in growing your wealth is understanding how to do it, and how not to do it. This is where a financial advisor becomes essential, not just with investment policies, but other types of investment as well.

They often have the experience, paired with the knowledge of what other people have done before you, so speaking to them and booking time to discuss things outside of what they have sold you can positively impact how you move forward in waters that are completely unfamiliar to you.

It’s times like this that you would pay your financial advisor for their time, because they are equipping you with the knowledge you need to make sound financial decisions. These sessions are more for you to educate yourself so that you can grow your own wealth in other areas, and using a financial advisor to do that, not only gives you access to the wealth of knowledge they hold, it also gives you an idea of how to educate yourself so that you can stay ahead of the game.

If you would like to discuss this further, feel free to get in touch with us.

January is almost over and the dreams of keeping up with new years’ resolutions are beginning to fade… The unfortunate thing about the glitz and glamour about setting goals with unmanaged expectations over a period like this is that we often set ourselves up to fail.

Why is that?

Goal setting is so much more than just deciding to commit to doing something for 90 days, and while this can and does work, you need a strategic plan for anything you want to change in your life.

This is why the people who plan to go to gym for 90 days, but commit to doing after putting together a plan. They have a trainer, did the research, worked with a health professional on a plan that works for them, understand the foods that work for their bodies, and have the knowledge they need to understand what they need to do, what to expect, as well as what to do if things don’t go as expected – how to bounce back after a setback. These are the people who are more likely to succeed and achieve their goals whether they make the decision over December and implement it on the 1st of January or any other day of the year, they have gone in with all the information they need on what works for them.

While the start of a new year and a new decade are significant, they represent a new beginning, we can reflect not only on the past year, but the past 10 years, and what we have learned, they also aren’t the only time for us to look at starting something new. However, it’s a great time to asses where we are and look at how our personal goal setting strategies may have fallen short, or where we actually get it right.

Considering January is normally a time that people rush into commitments, take a few moments to ask yourself if this is what you do? Look at everyone around you and consider the impulsivity of the season, while spending seems to more of a December thing, as people go into January long terms spending is generally higher, people commit to spending money on things that they simply won’t use and don’t need. Could this be used for something worthwhile or invested in the future?

If you want to look at goal setting differently, get in touch with us, we might have a new perspective.